95% LPMI (Lender Paid Mortgage Insurance) on mortgages up to $650,000


Interest only feature may be used on LPMI on both conforming and jumbo mortgages. May be used on 30-year fixed rate mortgages.


Example: Sales price $650,000 with 5% as down payment

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The Benefits of Using LPMI


One Loan Avoid 2nd Trust High Interest Rates Payment Adjustments Avoid 2nd Trust Closing Costs 1 Statement vs 2 Statements Lower Mortgage Payments


10% LMPI (Lender Paid Mortgage Insurance) - 10% DOWNPAYMENT, 30-YEAR FIXED RATE!

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Savings Per Month - $390 Savings Per Year - $4,680 Savings Per Life of Loan - $140,400 Note: Mortgage Insurance is not tax deductible if borrower's income is $110,000 or higher.

If you feel that you fall into anyone of the above situations, please call me as I may be able to help you purchase or refinance your home!!!


Call Tom Ellis Today!
Phone Number: 240-388-7091

Loan Products and Info

 


All First Mortgage products are offered and provided by Prosperity Mortgage Company.
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